Mahindra Logistics Limited has informed the Exchange regarding ''.
MAHLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mahindra Logistics has informed shareholders about tax deduction at source (TDS) on the Final Dividend recommended for FY 2024-25. The Board has proposed a dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10), subject to approval at the 18th AGM on 21 July 2025. The record date is 11 July 2025, and payment will be made on or after 22 July 2025. TDS will be deducted at 10% for resident shareholders with valid PAN, 20% for those without PAN or whose PAN is not Aadhaar-linked, and 20% (plus surcharge and cess) for non-resident shareholders, unless DTAA benefits or exemptions apply. Shareholders must update PAN, bank, KYC details and submit relevant tax forms (15G, 15H, 10F, etc.) by 11 July 2025 to avoid higher tax deduction.
Shareholders should update their PAN, bank and KYC details and submit tax exemption documents by 11 July 2025 to receive the dividend with the correct TDS rate; failure to do so will result in higher tax deduction at source. No direct impact on share price is expected as the dividend amount was already recommended earlier.